Larox, founded in 1977 and headquartered at Lappeenranta

Lappeenranta

Lappeenranta is a city and municipality that resides on the shore of the lake Saimaa in South-Eastern Finland, about from the Russian border. It belongs to the region of South Karelia. With approximately inhabitants Lappeenranta is the largest city in Finland...

, Finland

Finland

Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...

, is a Finnish engineering company that develops, designs and manufactures industrial filters

Separation process

In chemistry and chemical engineering, a separation process, or simply a separation, is any mass transfer process used to convert a mixture of substances into two or more distinct product mixtures, at least one of which is enriched in one or more of the mixture's constituents. In some cases, a...

 for use in mining

Mining

Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...

 and metallurgy

Metallurgy

Metallurgy is a domain of materials science that studies the physical and chemical behavior of metallic elements, their intermetallic compounds, and their mixtures, which are called alloys. It is also the technology of metals: the way in which science is applied to their practical use...

, chemical processing

Chemical engineering

Chemical engineering is the branch of engineering that deals with physical science , and life sciences with mathematics and economics, to the process of converting raw materials or chemicals into more useful or valuable forms...

 and related industries. Larox has annual net sales of approximately EUR 200 million; its class B shares are listed on the Helsinki Stock Exchange

Helsinki Stock Exchange

The Helsinki Stock Exchange is a stock exchange located in Helsinki, Finland. Since 3 September 2003 it has been part of OMX, referred to as OMX Helsinki . Since NASDAQ's acquisition of OMX in February 2008, the official name of the Helsinki exchange has been NASDAQ OMX Helsinki.- History :The...

 since 1988.

Outotec

Outotec

Outotec Oyj is a Finnish company, headquartered in Espoo, aimed at providing technologies and services for the metal and mineral processing industries...

launched a €93 million takeover bid for the company in October 2009 and holds over 98% of its shares as of 26 February 2010.